Gold investors are enjoying their moment in the sun as the precious metal has severed its long-standing ties with US interest rates to trade near record highs.
Gold is now trading at more than $US2360 an ounce, an increase of 15 per cent in the past six months and more than 20 per cent in the past year.
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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com
